Vancouver, BC – April 15, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,560 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, up 38 per cent from March of last year. Home sales last month eclipsed the previous record of 11,683 unit sales in May of 2007. Total sales dollar volume was $9.69 billion in March, up 66.9 per cent compared to the previous year. The average MLS® residential price in the province was up 20.2 per cent year-over-year, to $771,620.
“Housing demand has never been stronger in the province,” said Cameron Muir, BCREA Chief Economist. “Most large population centres of the province are now experiencing record levels of housing demand.“
“Strong employment growth, rising wages and a marked increase in net inter-provincial migration is fueling consumer confidence,” added Muir.
Supply imbalances are becoming increasingly common as new residential listings are not keeping pace with consumer demand. As a result, the inventory of homes for sale is at decade-long lows in many regions.
The year-to-date, BC residential sales dollar volume increased 70.1 per cent to $21.59 billion, when compared with the same period in 2015. Residential unit sales climbed by 39.2 per cent to 28,028 units, while the average MLS® residential price was up 22.2 per cent to $770,408.
New Listing: 13-1055 Aberdeen Drive, Aberdeen, Kamloops, BC $349,000.Elegant 3 bedroom, 3 bathroom townhome in Aberdeen Estates.
The home features 2 bedrooms on the main floor which includes an impressive master with 4 piece ensuite and walk-in closet. The open living and formal dining area with vaulted ceilings and cozy gas fireplace provide a great space to relax and entertain family and friends.
The bright kitchen offers plenty of cupboard and counter space, stainless steel appliances and a nice dining nook that opens up to the fenced in yard with greenspace that is maintained for you by the strata.
The lower level has been fully finished and includes a bedroom/office off the entry[needs closet], dedicated laundry area, rec room and 3 piece bathroom. Oversized 2 car garage with workshop area and lots of extra storage space for your seasonal gear. All appliances included and easy to show.
New Listing: 1625 Happyvale Avenue, Brocklehurst, Kamloops, BC $439,900. Beautiful Brock home in great family orientated neighbourhood!
Looking for a home that your family can comfortably grow into, this 4 bedroom, 4 bath plus self-contained 1 bedroom suite has so much to offer and will not disappoint. Situated on a corner lot, this functional 3,100 sqft home offers a spacious entrance that opens up into a formal family and dining area.
The bright kitchen offers ample cupboard and counter space with eat in dining area that opens up to the sunken family room with rich hardwood floors. There is access to the deck and fully fenced yard from the family room, there is a 3 piece bathroom on the main floor and dedicated laundry area that has direct access to the oversized 2 car garage.
Recent updates include furnace(2015), hot water tank(2015), interior paint(2016) and new sliding glass door(2016). The upper floor features 4 bedrooms, 4 piece main bathroom, the master bedroom has an oversized walk-in closet and ensuite with soaker tub.
The lower level features a rec room which would make a great play area for the kids or hobby room. Close to shopping and transportation. The home is easy to show and quick possession is possible.
New Listing: 10-1250 Hillside Avenue, Shuswap Sands, Chase, BC $82,500. Immaculate home with views of Shuswap Lake and close to Chase amenities.
This home features 2 bedrooms and a full 4 piece bathroom. There is a great room open floor plan in the living space with laminate flooring and room to entertain. The home also features a laundry area, covered deck to enjoy the toasty summer days and a good sized storage shed.
The yard is beautifully landscaped with many private spots in the yard and green space behind the home lending lots of privacy. There is lots of parking, nice quiet adult oriented park perfect for someone wanting to downsize. Great home and a joy to view. Enjoy all the amenities of the Shuswap Lake region.
New Listing: 2409 Abbeyglen Way, Aberdeen, Kamloops, BC $529,500. Meticulously maintained Aberdeen rancher with beautiful views, which offers main floor laundry and a walk out basement.
This home features an open great room floor plan with sprawling river valley and Knutsford views. There are hardwood floors throughout the main floor, stainless steel appliances and lots of windows for natural light.
There are 3 bedrooms on the main floor, one located off of the front entry great for an office or den. The master bedroom has a 3 piece ensuite and the main bathroom is 4 pieces.
The basement level has a large rec room, games room and 2 additional bedrooms, a 4 piece bathroom, separate entry for suite potential and a huge storage area under the suspended slab.
Other features include built in vacuum, central ac, fully fenced private yard, irrigation, two car garage. All appliances included, day before notice for showings.